Byram, MS is a small city located just outside of Jackson, Mississippi. It has a population of around 10,000 people and is known for its agricultural activities and manufacturing operations. The average rent for a two-bedroom apartment in Byram is $1,290 while the national average is $1,430. Additionally, the Grocery Cost Index in Byram is 100 which matches the index in the US. This suggests that living costs are relatively low in comparison to other areas across the country.
Byram is home to several small businesses such as Grady’s Bar-B-Que, Rommie’s Auto Repair & Parts LLC, and Stop & Shop Discount Food Store. These companies provide jobs and resources to locals while helping keep prices competitive since there’s less competition from larger corporations. All of this points to an affordable cost of living in Byram that is lower than most other cities across the nation.
Byram has an unemployment rate of 7.0%. The US average is 6.0%.
Byram has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Byram
- The Sales Tax Rate for Byram is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Byram is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Byram
- The average income of a Byram resident is $25,217 a year. The US average is $28,555 a year.
- The Median household income of a Byram resident is $68,819 a year. The US average is $69,021 a year.